Port Tariff Application Reveals Increases Exceed Inflation Rate

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FINSA reporter
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South African ports landlord, Transnet National Port Authority's head office is at the port of Ngqura in the Eastern Cape. The R255 million building was completed in 2017. Source: Transnet

South Africa’s ports are still struggling to recover and to provide the services its customers want, yet Transnet National Ports Authority wants more money from its customers – again. It claims this is to counteract rising fuel, electricity, maintenance, and water costs.

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